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1. Debt and price-earnings ratios Alphabet (formerly known as Google) (GOOG) is a technology company that offers users Internet search and e-mail services. Google also

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1. Debt and price-earnings ratios Alphabet (formerly known as Google) (GOOG) is a technology company that offers users Internet search and e-mail services. Google also developed the Android operating system for use with cell phones and other mobile devices. The following data (in millions) were adapted from a recent financial statement of Alphabet. Year 2 Year 1 Total assets Total liabilities Total stockholders' equity 104,500 87,309 Earnings per share 1. Compute the debt ratio for Years 1 and 2. Round to one decimal place. $131,133 $110,920 26,633 23,611 21.02 19.07 Year 2 Year 1 Debt ratio 2. Given your answer to part (1), what is the ratio of stockholders' equity to total assets? Round to one decimal place. Year 2 Year 1 Ratio of stockholders' equity to total assets

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